Get started

Finance

WIRECARD AG 2020 was a hard time for everyone because of Corona , but one of the biggest shock of stock market was Wirecard scandal. I believe even after all this chaos around Wirecard, it would rise again in future. Of course the time could not be predicted. Wirecard was a BlueChip stock, they have billions of Euro worth business running still now. The share fell down because of scandal and closing operations in different countries, but in longer term if there comes the long waited news of selling Wirecard to a new company could push the price upwards. As, it could bring relief and trust among investors once again. *** Do your own research. This is only my own analysis, not an investment advice.
W
by crackthechart
EURJPY: Breakout Trading Plan EURJPY is trading within a major expanding wedge pattern on daily t.f. Its support line was reached yesterday. On 4H the price is steadily falling within a falling parallel channel. To buy with confirmation, I recommend you waiting for a bullish violation of the resistance line of that channel first. Only then long position can be initiated with initial goal - 126.83 In case of bearish breakout of daily wedge's support, setup will be invalid and bias will change to bearish! Please, support this idea with like and comment!
Long
by VasilyTrader
19
Bitcoin, cryptocurrency, DeFiResults of the previous year’s report have identified the direction the world is moving in. Coronavirus proved to be a great stress test for the world’s economy. What was solution to it? Printing more dollars, of course. The printing machine flood the financial market with money, an interest rate was lowered and the money was given to everyone. Investors started considering their prospects and focused specifically on biotech, alternative energy sources, space exploration and, notably, cryptocurrencies. If we look at the institutional investors, Grayscale investments are purchasing great volumes of Bitcoin and other cryptocurrencies. This information is public and you can even see the percentages of different tokens in their portfolio. Decentralized Finance was significant part of the cryptocurrency market this year and a point of great hype for many people. At the moment, around $14 billion is locked there. While this amount is quite significant, it is relatively small when comparing it to the world’s financial system. This is 2% of all the whole cryptocurrency market cap and those are the people who see the potential of this direction for the financial markets. What came as the result of that? More and more countries are starting to regulate the market. It is likely that certain taxes will be implemented targeting wallets as well as compulsory identification. Binance, according to their memorandum, is likely to share your details with the regulators. Therefore, it raises the question, where should you hold your assets? There are three choices. The first one is centralized exchanges. However, they are almost the same as the banks you were running away from. Cryptocurrency was supposed to be an alternative but the same problems remain. The second choice is mobile wallets where you could hold some small amounts of your funds. However, the last and your most likely choice is the cold wallet, since the bank is now in your own hands. The problem is that if you choose to trade your assets, you would have to go back to the centralized exchanges and expose your personal wallets for potential taxes and regulations. However, there is a solution to this problem – DeFi! This is the reason why it was hyped so much. We are personally interested in its benefits and have launched our own platform on December 15th. What is next for the DeFi market? It is likely that many new features will be implemented, such as marginal trading, lending and, I personally believe, it will provide an option to digitalize stocks in the form of security tokens or synthetic assets trading, which you will be able to trade on similar decentralized platforms. We are right now in the 21st century – an era on information. It has just began. My main aim, as an investor, is to follow the trend. DeFi, without a doubt is such trend, the one I will stick to. Best regards EXCAVO
BITSTAMP:BTCUSD
by EXCAVO
126